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Latest News on Pos Machines
Showing of 0 - 10 from 9 results
Pos Machines - Total results - 9
Oct 08, 2019
State Bank of India launches debit card EMI facility for account holders; instalments to begin a month after completing transactionState bank of India launched ‘Debit Card EMI facility’ for its existing customers, whereby they can opt for an EMI tenure of minimum six months to 18 months on Monday.
Jun 04, 2019
Nandan Nilekani-led committee suggests measures to encourage digital payments, financial inclusionCustomers must be allowed to initiate and accept a reasonable number of digital payment transactions with no charges, the committee suggested
May 08, 2018
IRCTC asks railway zones to deploy at least 10 POS machines in each train to provide bills for food itemsIRCTC is the ticketing and catering arm of the Indian Railways.
Apr 19, 2018
With ATM's running dry, SBI customers can withdraw cash from 4.78 lakh PoS machines free of chargeAs per the RBI guidelines, the withdrawal limit from PoS machines at retail outlets in Tier 1 and 2 cities is Rs 1,000 per card, per day and Rs 2,000 in smaller towns.
Apr 17, 2018
Why Misirpur village traded in its cards for cashShop owners dumped the swipe machines and reverted to cash sales owing to repeated transaction failures.
Sep 28, 2017
Govt's digital payments push may land banks with a Rs 3,800 cr annual hole, says SBI reportAfter the note-ban last November, the Narendra Modi govt has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments
Mar 09, 2017
Digital payments decline after cash situation improvesDigital transactions, which gained prominence post demonetisation, have started declining with pick up in remonetisation, indicating return of people's preference for cash.
Dec 22, 2016
Demonetisation: Swipe machine shortage, security worries threaten to sour cashless dreamIn order to shift Rs 46,000 crore worth of transactions per month to digital mode, the country needs an additional 20,000 PoS machines urgently
Dec 09, 2016
Cashless economy: Here is why experts aren't upbeat on Jaitley's digital bonanza‘Discount’ was the bait that Finance Minister Arun Jaitley used repeatedly in his speech on demonetisation in a bid to push people towards digital payment modes, a month after PM Modi made an announcement to annul Rs 500 and Rs 1,000 notes.